German software company, sales subsidiary
Wholly owned LLC with TRY 500,000 capital so one German manager can get a work permit. Formation by power of attorney, about 5 weeks to registration, bank account 2 weeks later.
Market entry and debt recovery in Turkey
Enter Turkey on a fixed price.
Company formation, payment and crypto licences, and recovery of unpaid invoices from Turkish companies. You get a written scope and one price before any work starts.
Get a fixed-price scope in 24 hours Two minutes. No call needed. Reply within 24 hours.Two situations
Which one is yours?
You are entering Turkey for the first time
Which structure fits, what it costs, how long it takes, and what must be in place before the first invoice or hire.
Read the guideA Turkish company owes you money
A realistic view of your options, the route with the best recovery odds, and a fixed price for running it.
See debt recoveryFixed-price packages
What we run for you
Company formation
LLC, joint stock company, branch or liaison office, from documents abroad to a working bank account. From EUR 3,900.
See packageDebt recovery
Commercial receivables from Turkish debtors, from demand letter to enforcement. From EUR 450.
See packagePayment and e-money licence
Feasibility, application file and central bank process. Feasibility from EUR 9,500.
See packageCrypto licence
Authorisation path for crypto asset service providers under Capital Markets Board rules.
See packageSix free tools
Cost calculator, structure selector, debt recovery assessment, and work permit, enforcement and licence checkers.
OpenStart here
Turkey Entry Roadmap
A written plan for your specific case, before you commit capital. The fee is credited in full against any follow-on package ordered within 60 days.
Get a fixed-price scope in 24 hours- Recommended legal structure and why
- Licence check for your activity
- Step-by-step timeline
- Document list for your home country
- Full budget: capital, official fees, our price
EUR 950Fixed price
5 working daysDelivery
How it works
Three steps to a fixed price
Tell us your case
A short form, two minutes.Scope and price in 24 hours
In writing: what is included, what is excluded, the price, the timeline.We run the work
Regulated legal and accounting work is carried out by licensed Turkish professionals inside the package. One contact, one invoice.Who does the work
One desk, backed by more than 20 professionals.
Your contact at Karum plans and manages the work. Regulated legal, tax and accounting work is done by licensed professionals in Turkey, inside your fixed price.
- Lawyers admitted to a Turkish bar
- Market entry and licensing consultants
- Certified public accountants
20+lawyers, consultants and certified public accountants
24 hfrom your request to a written scope
1price, fixed in writing
Turkey in five numbers
What a foreign company should know first
TRY 50,000Minimum capital, limited liability company
25%Corporate income tax
20%Standard VAT
15%Dividend withholding to non-residents, before treaty relief
Same dayTrade Registry registration once the file is complete
Why Karum
Foreign companies have done business in Turkey for 4,000 years.
The first ones kept the paperwork. Almost 4,000 years ago, Assyrian merchants built a karum, a merchant quarter, at Kanesh near today's Kayseri. They left about 24,000 clay tablets: loans, commercial notes and court records.
We do the same job with modern tools: a clear route into the market, the costs in writing, and every document in order.
Read the story behind the name
How a typical case runs
Three illustrative scenarios
These are worked examples built from the published rules and estimates on this site. They are not client cases.
Dutch exporter, unpaid invoice of EUR 80,000
Demand letter, then enforcement without judgment in Istanbul. The debtor has 7 days to object. No objection means attachment can follow within weeks.
UK fintech, payment services
Feasibility first: own licence needs a Turkish joint stock company with TRY 40 million minimum equity and systems in Türkiye, and takes at least one to two years.
By home country
Where are you based?
Germany
5% dividend withholding with a qualifying stake. Exempt from security for costs.
ReadNetherlands
10% or 15% dividend withholding. Exempt from security for costs.
ReadUnited Kingdom
15% dividend withholding. Judgments enforceable in practice.
ReadUnited Arab Emirates
10% dividend withholding. Consular legalisation instead of apostille.
ReadUnited States
15% dividend withholding. Judgment enforcement assessed state by state.
ReadQuestions
Common questions
How does the fixed price work?
You describe your case in a short form. Within 24 hours you receive a written scope that lists what is included, what is excluded, the timeline and one price. Work starts only after you accept it.
Can a foreign company own 100% of a Turkish company?
Yes. International investors have the same rights and liabilities as local investors, and a limited liability company can be set up with a single shareholder. A few sectors such as broadcasting, maritime and civil aviation have restrictions.
What is the minimum capital for a company in Turkey?
TRY 50,000 for a limited liability company and TRY 250,000 for a joint stock company.
How long does it take to register a company in Turkey?
Registration at the Trade Registry is completed the same day once the file is complete. Including documents prepared abroad, published estimates run from 2 to 8 weeks, and a bank account adds 1 to 3 weeks.
Who carries out the legal work?
Regulated legal and accounting work is carried out by licensed Turkish professionals inside the package. You have one point of contact and one invoice.
Do we need to travel to Turkey?
Company formation can be handled by a notarised and apostilled power of attorney. Most banks accept a power of attorney or remote identification, but practice varies by bank, so plan for one possible visit.